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City Council in the Comprehensive Economic Development Strategy and Implementation Plan. <br />The program will be directed generally towards three goals: 1) Economic Diversity; 2) <br />Workforce Excellence; and 3) Quality of Place. <br />C. Small Business Economic Development. The Corporation will continue its <br />efforts in working with prospects that are small businesses. For the purpose of this agreement a <br />small business shall mean any business whose gross annual revenues do not exceed $500,000. <br />The services offered to small businesses shall include evaluating the immediate needs of such <br />prospects and assisting them in finding resources appropriate to their needs. The Corporation <br />will work with the President/CEO to facilitate educational events that communicate the efforts <br />of the City, and the Corporation to the public regarding their collaborative efforts in working <br />towards established economic development goals. <br />D. Business Contacts and Leads. The Corporation, through the President/ CEO, <br />agrees to function as the City's initial contact for prospective and current employers and <br />businesses in matters related to economic development. At least monthly, the Corporation shall <br />provide to the City Manager, or his or her designee, a written report identifying all business <br />prospects with which it has made contact. The President /CEO will continue to pursue business <br />leads on behalf of the City. The President/CEO may also assist other municipal members of the <br />Corporation to pursue business leads generated by such municipality provided that assisting <br />such other municipality does not conflict with the City's pursuit of a business lead. <br />E. Office. The Corporation agrees to maintain an office located within the San <br />Marcos city limits that meets ADA requirements for accessibility and is staffed during regular <br />business hours, Monday through Friday, excluding City - recognized holidays. <br />F. President /CEO. The Corporation agrees to employ a full -time President /CEO to <br />serve as the Corporation's manager for the performance of services under this Agreement. <br />2 <br />